Money

With one in four Americans between the ages 44 and 70 interested in starting their own business or nonprofit venture in the next five to ten years, the U.S. Small Business Administration and AARP are renewing their “Summer of Encore Mentoring” educational events targeting entrepreneurs over the age of 50 who want to start or grow their small business.

DTE Energy offers ways to stay cool and save money this summer:

AARP has launched a new job-search tool powered by Simply Hired to help the 50-plus navigate the cluttered job market.

“Boot Camp” to feature community resources & experts to help build & grow businesses

Did you know June is AARP MoneySmarts Month? As part of the month celebration AARP will host a series of informational financial workshop that will help you build your financial strength.

In the Thursday May 26, 2016, Board of Trustees meeting of the Government Employees’ Retirement System (GERS), the vice-chairman of the board Judge Edgar Ross after a lengthy discussion on the provisions in Title 3, Chapter 27 Sections 718 and 718(a), and Chapter 28A, Sections 767 and 767a of the Virgin Islands Code, made a motion consistent with the law in Sections 718 and 767 (regular retirees) and 718a and 767a (early retirement program). The motion, effective immediately, directed the Administrator not to pay new benefits unless the total costs of benefits are paid by the plan sponsor (Government of the Virgin Islands) in accordance with the law. The motion failed on a tied vote. Notwithstanding, the Administrator was directed to enforce the law.

Did you know that one in four individuals between the ages of 44 to 70 are interested in becoming entrepreneurs? In fact, entrepreneurs over the age of 50, also known as encore entrepreneurs, are one of the fastest-growing groups of entrepreneurs in the United States.

Plan roll out begins in 2017 and will be fully operational by 2018

By Joanne Cleaver

AARP is presenting workshops statewide to give New Yorkers the information and tools they need to secure a comfortable retirement. The workshops cover topics such as entrepreneurship, saving and financial planning.